ID: RFP-60-25-01

The State Universities Retirement System of Illinois (SURS) is soliciting proposals from interested and qualified vendors to provide administrative oversight and management of data deemed necessary for Reciprocal Systems to administer their respective retirement plans under the Articles of the Illinois Pension Code and under the Retirement Systems Reciprocal Act. The current data exchange system, hosted by SURS, will be obsolete due to SURS implementing a new Pension Administration System (PAS), known as Project Velocity. Proposals are for comprehensive solution development and execution, including but not limited to, software development, website design and interface, stakeholder engagement/support, testing, training and opportunity for future state enhancements.

The State Universities Retirement System is transitioning to an online electronic solicitation and vendor registration system, hosted by OpenGov Procurement. To stay informed about non-investment opportunities, register and create an account on our e-Procurement Portal: https://procurement.opengov.com/portal/surs.

Document NameDatePages
Reciprocal Exchange Data Sharing
Between Systems
October 15, 202434
Appendix H – Future Data Sharing Business DecisionOctober 15, 202412
Appendix I – Member DataMicrosoft ExcelOctober 15, 20241
Appendix J – Annuitant DataMicrosoft ExcelOctober 15, 20241
Appendix K – RequirementsMicrosoft ExcelOctober 15, 20241
Pre-bid Virtual Conference RecordingOctober 22, 2024NA

Schedule

DescriptionDate
Quiet Period BeginsOctober 15, 2024
RFP IssuedOctober 15, 2024
Pre-bid Virtual Conference (informational only)October 22, 2024, 2:00 p.m. CT
Responder Questions DueOctober 25, 2024, 4:30 p.m. CT
Responses to QuestionsNovember 8, 2024, 4:30 p.m. CT
RFP Responses, Including Architectural Approach, Due on or BeforeNovember 15, 2024, 4:30 p.m. CT
Evaluations and InterviewsNovember 25 – December 12, 2024
Selection CommitteeDecember 13, 2024
Anticipated Project StartJanuary 2025